Apollo Tyres - Fib Retracement Levels
Updated
The stock finally completed its retracement to 0.618 levels today
Some consolidation may happen here - depending on how NIFTY behaves.
Buy above the high of today, 118.2 for 120 as the immediate target.
118.2 should then function as support for rally to 130 & beyond with some consolidation happening around it.
Some consolidation may happen here - depending on how NIFTY behaves.
Buy above the high of today, 118.2 for 120 as the immediate target.
118.2 should then function as support for rally to 130 & beyond with some consolidation happening around it.
Note
No trades triggeredTrade active
Buy triggered at 118.2 on retracement from 199 for target 120Note
SL at 117Trade closed: stop reached
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